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Insull Utilities Investment Inc. was a corporation securities firm based in Chicago, Illinois which became insolvent in 1932.〔 It was formed in December 1928 with assets of $23,000,000 to $24,000,000.〔''Insull Forms New Company'', Wall Street Journal, December 29, 1928, pg. 9.〕 The firm was started by Samuel Insull, a former president of Chicago Edison,〔''Chicago Edison Co., Wall Street Journal, March 6, 1905, pg. 5.〕 Commonwealth Edison,〔''Commonwealth Edison'', Wall Street Journal, March 1, 1922, pg. 11.〕 People's Gas Light & Coke Company,〔''Insull Companies'', Wall Street Journal, November 16, 1923, pg. 12.〕 and Central Indiana Power Company.〔''Central Indiana Power'', Wall Street Journal, January 22, 1930, pg. 6.〕 He was also chairman of the Corporation Securities Company of Chicago, which had a net worth of more than $80,000,000 on February 15, 1930.〔''Corporation Securities'', Wall Street Journal, February 19, 1930, pg. 12.〕 The latter business was created to acquire securities of Insull Utilities Investments and other Insull operating and holding companies.〔''LaSalle Street Comment'', Wall Street Journal, February 28, 1930, pg. 11.〕 Attorneys for Insull Utilities Investment's creditors filed a suit in a US district court in Danville, Illinois on September 22, 1932.〔''Insull Sold Stock To 205 At Half Rate'', New York Times, September 23, 1932, pg. 27.〕 The failure of the corporation is significant because it came during the Great Depression, and its founder was a leading businessman in Chicago. The 73-year-old financier planned another venture into public utility financing following the collapse of Insull Utilities Investment Inc.〔''Insull Planning New Public Utility Venture'', Wall Street Journal, September 9, 1932, pg. 6.〕 ==References== 〔 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「Insull Utilities Investment Inc.」の詳細全文を読む スポンサード リンク
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